Income Tax at a Glance Among direct taxes, income tax is one of the main sources of revenue.

It is a progressive tax system. Income tax is imposed on the basis of ability to pay. The more a taxpayer earns the more he should pay''- is the basic principle of charging income tax. It aims at ensuring equity and social justice. Income Tax Authorities: National Board of Revenue, Chief commissioner of taxes Director General of Inspection (Tax), Commissioner of Taxes (Appeals), Commissioner of Taxes (LTU) Director General (Training), Director General Central Intelligence Cell (CIC), Commissioner of Taxes, Additional Commissioner of Taxes (Appeal/Inspecting), Joint Commissioner of Taxes(Appeal/Inspecting ), Deputy Commissioner of Taxes, Tax recovery officer, Assistant Commissioner of Taxes, Extra Assistant Commissioner of Taxes, Inspectors of Taxes. Sources of Income: For the purpose of computation of total income and charging tax thereon, sources of income can be classified into 7 categories, which are as follows : Salaries Interest on securities Income from house property Income from agriculture Income from business or profession Capital gains Income from other sources. Tax Rate (Assessment Year- 2012-13) : Other than Company : For individuals other than female taxpayers, senior taxpayers of 65 years and above and retarded taxpayers, tax payable for the First Next Next Next Rest Amount 2,00,000/3,00,000/4,00,000/3,00,000/Nil 10% 15% 20% 25%

For female taxpayers, senior taxpayers of age 65 years and above and , tax payable for the First Next Next Next Rest Amount 2,25,000/3,00,000/4,00,000/3,00,000/Nil 10% 15% 20% 25%

For retarded taxpayers threshold limit is TK.2,75,000 Minimum tax for any individual assessee is Tk. 3,000 Non-resident Individual 25% (other than non-resident Bangladeshi) For Companies Publicly Traded Company Non-publicly Traded Company 27.5% 37.5%

Bank, Insurance & Financial Company (Except merchant bank) 42.5% Merchant bank Cigarette manufacturing company Publicly traded cigarette company Mobile Phone Operator Company Publicly traded mobile company 37.5% 42.5% 35% 45% 35%

If any publicly traded company declares more than 20% dividend, tax rate would be 24.75% and if declares less than 10% dividend tax rate would be 37.5%. If any non publicly traded company transfers minimum of 20% shares of its paid-up capital through IPO(Initial Public Offering) it would get 10% rebate on total tax in the year of transfer. Tax Rebate for investment : Rate of Rebate: Amount of allowable investment is - actual investment or 20% of total income or Tk. 100,00,000/whichever is less. Tax rebate amounts to 10% of allowable investment. Types of investment qualified for the tax rebate are :Life insurance premium up to 10% of the face value. Contribution to Provident Fund to which Provident Fund Act, 1925 applies. Self contribution and employer's contribution to Recognized Provident Fund.

Contribution to Supper Annuation Fund. Contribution up to TK 60,000 to deposit pension scheme sponsored by any scheduled bank or a financial institution. Investment in approved debenture or debenture stock, Stocks or Shares Contribution to Benevolent Fund and Group Insurance premium Contribution to Zakat Fund Donation to charitable hospital approved by National Board of Revenue Donation to philanthropic or educational institution approved by the Government Donation to socioeconomic or cultural development institution established in Bangladesh by Aga Khan Development Network Donation to ICDDRB, Donation to philanthropic institution-CRP, Savar, Dhaka Donation up to five lac to (1) Shishu Swasthya Foundation Hospital Mirpur, Shishu Hospital, Jessore and Hospital for Sick Children, Sathkhira run by shishu swasthya Foundation, Dhaka. (2) Diganta Memorial cancer Hospital, Dhaka, (3) The ENT and Head-Neck cancer Foundation of Bangladesh, Dhaka and (4) Jatiya Prtibandhi Unnayan Foundation, Mirpur, Dhaka; Donation to Asiatic society of Bangladesh Donation to Muktijudha Jadughar Donation to National level institution set up in memory of liberation war; Donation to National level institution set up in memory of Father of the Nation Any investment by an individual in Bangladesh Government Treasury Bond; Investment in purchase of one computer or one laptop by an individual assessee. Who should submit Income Tax Return? If total income of any individual other than female taxpayers, senior male taxpayers of 65 years and above and retarded taxpayers during the income year exceeds Tk 2,00,000/-. If total income of any female taxpayer, senior male taxpayer of 65 years and above during the income year exceeds Tk 2,25,000/-. If total income of any retarded taxpayer during the income year exceeds TK. 2,75,000. If any person was assessed for tax during any of the 3 years immediately preceding the income year. A person who lives in any city corporation/paurashava/divisional HQ/district HQ and owns a building of more than one storey and having plinth area exceeding 1,600 sq. feet/owns motor car/owns membership of a club registered under VAT Law. If any person subscribes a telephone. If any person runs a business or profession having trade license and operates a bank account. Any professional registered as a doctor, lawyer, income tax practitioner, Chartered Accountant, Cost & Management Accountant, Engineer, Architect and Surveyor etc. Member of a Chamber of Commerce and Industries or a trade Association. Any person who participates in a tender. A person who has a Taxpayer's Identification Number (TIN) in accordance with the provision of section 184A. Candidate for Union Parishad, Paurashava, City Corporation or Parliament elections. Any company registered under the Company Act, 1913 or 1994. Any Non-government organization (NGO) registered with NGO Affairs Bureau.

Time to Submit Income Tax Return: For Company By fifteenth day of July next following the income year or, where the fifteenth day of July falls before the expiry of six months from the end of the income year, before the expiry of such six months. For Other than Company Unless the date is extended, by the Thirtieth day of September next following the income year. Time to submit return of withholding tax 15th day of October, January, April and July Or extended date up to 15 days by DCT Statement of TDS, Copy of Treasury challan /pay-orders should be submitted with the return Consequences of Non-Submission of Return and Return of withholding tax. imposition of penalty amounting to 10% of tax on last assessed income subject to a minimum of Tk. 1,000/In case of a continuing default a further penalty of Tk. 50/- for every day of delay. Consequences of using fake TIN DCT can impose a penalty not exceeding TK.20,000/For continuous use of fake TIN deliberately- 3 years imprisonment, up to TK. 50,000/- fine or both. Assessment Procedures : For a return submitted under normal scheme, assessment is made after giving an opportunity of hearing. For returns submitted under Universal Self Assessment Scheme, the acknowledgement slip is determined to be an assessment order. Universal Self Assessment is of course subject to audit. Appeal against the order of DCT : A taxpayer can file an appeal against DCT's order to the Commissioner (Appeals)/Additional or Joint Commissioner of Taxes (Appeals) and to the Taxes Appellate Tribunal against an Appeal order. Tax withholding functions : In Bangladesh withholding taxes are usually termed as Tax deduction and collected at source. Under this system both private and public limited companies or any other organization specified by law are legally authorized and bound to withhold taxes at some point of making payment and deposit the same to the Government Exchequer. The taxpayer receives a certificate from the withholding authority and gets credits of tax against assessed tax on the basis of such certificate.

Heads of Income Subject to deduction or collection of income tax at source with specified rates of deduction.
No. Heads 1 With holding authority Rate deduction at average rate Chalan in the name of Respective Zone LTU LTU Dhaka distZone-2, Dhaka CTG distZone-2, Chittagong Other districtRespective Zone

Salaries [S-50]S-50B:Member of Any person responsible for perliament making such payment. Discount on the real value of Maximum rate Bangladesh Bank Bills [S-50 A] Interest on securities [51] Any person responsible for issuing any security Supply of goods and execution Any person responsible for of contracts and sub-contracts making such payment or local LC [s-52, rule-16]

2 3 4

maximum rate 10%

up to 2 lac-Nil From TK2,00,001 to 5,00,000----1% From TK.5,00,001 to 15,00,000-2.5% From 15,00,001 to 25,00,000---3.5% From 25,00,001 to 3,00,00,000---4% Where payment exceeds TK. 3,00,00,000-----5% (In case of oil by Oil marketing co upto TK 2,00,000Nil, if payment exceeds 2,00,0000.75%

5.

Fees for Doctors [section-52A(1)] The principal officer of a 10% company or the chief executive of any NGO or trust responsible for making such payment.

Royalty, Fees for professional The government or any other or technical services [S-52A(2)] authority, corporation or body or any company or any banking company or any insurance 10% of the fees company or any co-operative bank or any NGO responsible for making such payment Fees for professional or technical Do service, (---any other services applying professional knowledge) [section-52A(3)] 10%

Stevedoring agency & Private Security service or any services other than services specified in this chapter [52AA]

The government or any other authority, corporation or body or any company or any banking 10% company or any insurance company or any co-operative

Dhaka distZone-8, Dhaka CTG distZone-2, Chittagong Other districtRespective zone Dhaka distZone-8, Dhaka CTG distZone-2, Chittagong Other districtRespective zone Dhaka distZone-8, Dhaka CTG distZone-2, Chittagong Other districtRespective zone Dhaka distZone-14, Dhaka CTG dist- Zone-2, Chittagong

bank or any NGO responsible for paying any commission to a stevedoring agency or making any payment to a private security service. 9 C & F agency commission[52AAA] Commissioner of customs

Other districtRespective zone

10 Cigarettes manufacturing [section 52B]

Any person responsible for selling banderols to any manufacturer of cigarettes.

11 Compensation against acquisition of property [section 52C]

Any person responsible for payment of such compensation

12 Interest on saving instruments [section 52D]

Any person responsible for making such payment

13 Brick Manufacturer [section 52F]

Any person responsible for issuing any permission or renewal of permission for manufacture of bricks.

14 Commission of letter of credit [section 52I] 15 Renewal of trade license by City Corporation or Paurashava [section 52K]

Any person responsible for opening letter of credit. City Corporation or Paurashava.

Dhaka distZone-15, Dhaka CTG dist- Zone-3, 10% Chittagong Other districtRespective zone 6% of the value of the banderols Dhaka distZone-10, Dhaka CTG dist- Zone-4, Chittagong Other districtRespective zone (a). 2% of the amount of such Dhaka distcompensation against the immovable Zone-15, property situated within City Dhaka CTG Corporation, Paurashava or dist- Zone-2, Cantonment Board Chittagong (b). 1% of the amount of such Other districtcompensation against the immovable Respective property situated outside the zone jurisdiction of City Corporation, Paurashava or Cantonment Board 5% Dhaka distZone-10, Dhaka CTG dist- Zone-4, Chittagong Other districtRespective zone Tk.30,000/- for one section brick field. Dhaka distTk. 45,000/- for two section brick Zone-7, Dhaka field. CTG distTk. 60,000/- for three section brick Zone-4, field. Chittagong Other districtRespective zone 5% LTU Tk. 500/- for Dhaka (North and Dhaka distSouth) & Chittagong city Zone-3, Dhaka corporation.TK. 300 for any city CTG distcorporation other than Dhaka(North Zone-2, and South) & Chittagong city Chittagong corporation and any paurashava. of Other districtany district headquarters. TK. 100 in Respective any other paurashava. zone 15% Dhaka distZone-6, Dhaka CTG distZone-3,

16 Freight forward agency commission [section 52M]

Any person responsible for making such payment.

17 Rental Power Company [section 52N]

Bangladesh Power Development 4% Board during payment to any power generation company against power purchase.

18 Foreign technician serving in diamond cutting industries [section 52O] 19 For services from convention hall, conference centre etc. [section 52P]

Employer.

5%

Chittagong Other districtRespective zone Dhaka distZone-13, Dhaka CTG dist- Zone-3, Chittagong Other districtRespective zone Zone-9, Dhaka

Any person, being a 5% Dhaka distcorporation, body or authority Zone-4, Dhaka established by or under any law CTG distincluding any company or Zone-2, enterprise owned, controlled or Chittagong managed by it, or a company Other districtregistered under Respective zone , any Non-government Organization registered with N.G.O Affairs Bureau or any university or medical college or dental college or engineering college 20 Service charges, remunerations, Paying or crediting authority 10% Zone-11, consulting fees, commissions (Banks or Financial institutions) Dhaka remitted from abroad for services works done by persons living in the country [section 52Q] 21 Deduction of tax from (1)The respective bank through (1) 1% of total revenue received by Zone-15, international gateway service in which any revenue is received IGW operator. Dhaka respect of phone call. [Sec-52R] on account of IGW service. (2) 5% of revenue paid or credited to (2) IGW service operator ICX, ANS and others. 22 Importer [section 53] The Commissioner of Customs. (1) 5% Dhaka dist(2) tk. 800 per ton in case of import Zone-14, of certain items Dhaka CTG dist- Zone-1, Chittagong Other districtRespective zone 23 House property [section 53A] The Government or any 5% of the gross rent Dhaka distauthority, corporation or body Zone-7, Dhaka or any company or any banking CTG distcompany or any co-operative Zone-2, bank or any NGO run or Chittagong supported by any foreign Other districtdonation or any university or Respective medical college or dental college zone or engineering college or any college or school as tenant. 24 Shipping business of a resident Commissioner of Customs or 5% of total freight received or Dhaka dist[section 53AA] any other authority duly receivable in or out of Bangladesh. Zone-10, authorized. Dhaka CTG 3% of total freight received or dist- Zone-4,

receivable from services rendered between two or more foreign countries. 25 Export of manpower [section 53B, rule-17C] The Director General, Bureau of 10% Manpower, Employment and Training. Bank. 0.80% of the total export proceeds.

Chittagong Other districtRespective zone Zone-4, Dhaka Zone-4, Dhaka

26 Export of knit-wear and woven garments, terry towel, jute goods, frozen food, vegetables, leather goods, packed food [section 53BB] 27 Member of Stock Exchanges The Chief Executive Officer of [section 53BBB] Stock Exchange.

0.05%

28 Export or any goods except knit- Bank. wear and woven garments, terry towel, jute goods , frozen food, vegetables, leather goods, packed food [section 53BBBB] 29 Goods or property sold by public Any person making sale. auction [section53C] [rule 17D]

0.80% of the total export proceeds.

Dhaka distZone-7, CTG dist- Zone-3, CTG Zone-4, Dhaka

Dhaka distZone-9, Dhaka, CTG distZone-4, Chittagong Other districtRespective zone 30 Courier business of a nonAny person being a company 15% on the amount of service charge Zone-11, resident [section 53CC] working as local agent of a non- accrued. Dhaka resident courier company. 31 Payment to actors and actresses The person responsible for (a) 10% on the payment in case of Zone-12, or purchase of film drama, any making payment. purchase of film, drama, any kind of Dhaka kind of television or radio television or radio program program [section 53D] (b) 10% on the payment to actor/actress (If the total payment exceed TK.10,000) 32 Deduction of tax at source from export cash subsidy [S-53DDD] 33 Commission, discount or fees [section 53E] " Any person responsible for 5% payment Any person being a corporation, 10% body including a company making such payment. Zone-4, Dhaka Dhaka distZone-12, Dhaka CTG dist- Zone-4, Chittagong Other districtRespective zone Dhaka distZone-6, Dhaka CTG distZone-3, Chittagong Other districtRespective zone Zone-1, Dhaka

5% of sale price.

34 Commission or remuneration paid to agent of foreign buyer [section 53EE]

Bank.

7.5%

35 Interest on saving deposits and fixed deposits etc. [section 53F]

Any person responsible for making such payment.

10% if there is TIN 15% if there is no TIN ( not applicable if the balance does not

exceed TK. 1,00,000 at anytime in the year in case of savings deposit) (not applicable on the amount of interest or share of profit arising out of any deposit pension scheme sponsored by the government or by a schedule bank with prior approval of the Government.) 36 Real estate or land development Any person responsible for (a)(i) 5% for Dhaka, Gazipur, Dhaka distbusiness registering any document for Narayanganj, Munshiganj, Zone-5, Dhaka [section 53FF] transfer or any land or building Narsingdi and Chittagong districts CTG distor apartment. (ii) 3% for any other districts. Zone-4, (b).Tk. 2,000 per square meter for Chittagong building or apartment for residential Other districtpurposes and TK 8,000 per sq meter Respective building for commercial purpose zone situated at Gulshan Model Town, Banani, Baridhara, Motijeel commercial area and Dilkusa commercial area of Dhaka.TK. 1800 per SQ meter for residential building and TK6,000 per SQ meter building used for commercial purpose situated at Defense Officers Housing Society (DOHS), Dhanmondi Residential Area, Lalmatia Housing Society, Uttara Model Town, Bashundhara Residential Area, Dhaka Cantonment Area, Karwan Bazar Commercial Area of Dhaka and Khulshi Resindential Area, Panchlaish Residential Area and Agrabad of Chittagong; Tk. 800 per square meter for residential building or apartment and TK.2,000 per sq. meter for commercial building situated in areas other than mentioned above. 37 Insurance commission [section 53G] 38 Fees of surveyors of general insurance company [section 53GG] 39 Transfer of property [section 53H] Any person responsible for paying such commission to a resident. Any person responsible for paying such fees to resident Any person responsible for registering any document of a person. 5% LTU

15%

LTU

(a) within the jurisdiction of Dhaka distRajdhani Unnayan Kartripakya Central Survey (RAJUK) and Chittagong Zone, Dhaka Development Authority (CDA) -3% CTG dist(b) within the jurisdiction of Dhaka Zone-4, and Chittagong districts excluding Chittagong Rajdhani Unnayan Kartripakya Other district(RAJUK) and Chittagong Respective Development Authority (CDA), zone Gazipur, Narayanganj, Munshiganj, Manikganj and Narsingdi districts, City Corporation excluding Dhaka (South and North) city corporation and Chittagong City Corporation,

40 Interest on deposit of post office Any person responsible for & saving bank account making such payment. [section 53I]

41 Rental value of vacant land or plant or machinery [section 53J]

The Government or any authority, corporation or body including its units, the activities or any NGO, any university or medical college, dental college, engineering college responsible for making such payment.

42 Advertisement of newspaper or magazine or private television channel or private radio station or purchasing air time of private television channel or radio station [section 53K]

43 Collection of tax from sale of share at a premium over face value [section 53L] 44 Collection of tax from transfer of Securities & Exchange 5% shares by the sponsor Commission or Stock Exchange shareholders of a company listed on stock exchange [section 53M] 45 Dividends [section 54] The principal officer of a company.

The Government or any other authority, corporation or body or any company or any banking company or any insurance company or any cooperative bank or any NGO or any university or medical college or dental college or engineering college responsible for making such payment. Securities & Exchange 3% Commission

Paurashava, Cantonment Board, 2%; (c) in any area, other than the areas mentioned in sl. no. (a) and (b), -1%. 10% Dhaka distZone-9, Dhaka CTG distZone-4, Chittagong Other districtRespective zone 5% of the rent Dhaka distZone-15, Dhaka CTG dist- Zone-4, Chittagong Other districtRespective zone 3%. Dhaka distZone-5, Dhaka CTG distZone-3, Chittagong Other districtRespective zone

Zone-3, Dhaka

SEC, DHK Stock ex, Zone3, Dhaka, CTG stock EXZone-3, CTG Resident/ non-resident Bangladeshi Dhaka distcompany ---------------------------20% Zone-13, Dhaka CTG Resident/ non-resident Bangladeshi dist- Zone-4, person other than company -----10% Chittagong Other districtNon-resident (other than Bangladeshi Respective non-resident) person other than a zone company---25%. Non-resident company (other than non-resident Bangladeshi company) -- at the rate applicable to a company. 20%

46 Income from lottery [section 55]

Any person responsible for making such payment.

47 Income of non residents

Any person responsible for

Non resident company at the rate

Dhaka distZone-9, Dhaka CTG distZone-3, Chittagong Other districtRespective zone Zone-11,

[section 56]

making such payment.

applicable to a company Non-resident non-Bangladeshi person other than a company --- 25% Non-resident Bangladeshi person at the rate applicable to a resident Bangladeshi]

Dhaka

48 Motor vehicle advance tax, SRO:220 49 Motor vehicle presumptive tax, SRO:222 50 Cargo/ Launch presumptive tax, SRO:224

Central Survey Zone Central Survey Zone Dhaka distZone-5, Dhaka CTG distZone-3, Chittagong Other districtRespective zone

Submission of withholding tax return: Person who makes any TDS (Tax Deducted at Source) on payment, must file a separate return of withholding tax. To be submitted at -15th day of October, January, April, July -or extended date up to 15 days by DCT. Following document should annexed with return: -Statement of TDS -Copy of Treasury Challans /Pay-Orders Penalty for non-submission @10% on last assessed tax with minimum Tk. 1,000 and Tk. 50 per day for continuing u/s 124 Major areas for final settlement of tax liability : Tax deducted at source for the following cases is treated as final discharge of tax liabilities. No additional tax is charged or refund is allowed in the following cases:Supply or contract work or local LC (Sec-52); Royalty, fees for technical services (Sec 52A(2); Commission from clearing & forwarding (C & F) agency (Sec 52AAA); Band rolls of handmade cigarettes (Sec-52B); Compensation against acquisition of properties (Sec 52C); Rental power companies (52N) Salaries of foreign technician of Diamond cutting industry (Sec 52O) International gateway service (IGW) and Interconnection Exchange (ICX) in respect of international Phone calls (52R) Import of goods, not being goods imported by an industrial undertaking as raw materials for its own consumption (Sec 53); Shipping business of a resident (Sec 53AA) Export of manpower (Sec 53B) Export of certain items (such as knit & woven garments etc) {sec 53BB} Transaction by a member of a Stock Exchange (Sec 53BBB) Auction purchase (Sec 53C) Courier business of non-resident (53CC) Cash subsidy (52DDD) Real estate or land development business (Sec 53FF);

Insurance agent commission (Sec 53G). Payment on account of survey by surveyor of a general insurance company (Sec 53GG); Transfer of property (Sec 53 H) Premium over face value of share (Sec-53L) Income from transfer of securities or mutual fund units by a sponsor share holder (Sec 53M) Winning of lotteries [Sec 19(13)] or Sec 55. Tax Recovery System : In case of non-payment of income tax demand the following measures can be taken against a taxpayer for realization of tax:Imposition of penalty Attachment of bank accounts, salary or any other payment. Filing of Certificate case to the Special Magistrate. Advance Payment of Tax : Every taxpayer is required to pay advance tax in four equal installments falling on 15th September; 15th December; 15th March and 15th June of each year if the latest assessed income exceeds Taka four lakh. Penalty is imposed for default in payment of any installment of advance tax. Fiscal incentives : Following are fiscal incentives available to a taxpayer:a) Tax holiday : Tax holiday is allowed for industrial undertaking and physical infrastructure facility established between 1st July 2011 to 30th June 2013 in fulfillment of certain conditions. Industrial Undertaking Eligible for Tax holiday :

active pharmaceuticals ingredient industry and radio pharmaceuticals industry; (b) barrier contraceptive and rubber latex; (c) basic chemicals or dyes and chemicals; (d) basic ingredients of electronic industry (e.g resistance, capacitor, transistor, integrator circuit); (e) bio-fertilizer; (will get tax holiday even it is set up in distict of Dhaka, Narayanganj, Gazipur, Chittagong, introduced in FA 2012) (f) biotechnology; (g) boilers; (h) compressors; (i) computer hardware; (j) energy efficient appliances; (k) insecticide or pesticide; (l) petro-chemicals; (m) pharmaceuticals; (n) processing of locally produced fruits and vegetables; (o) radio-active (diffusion) application industry (e.g. developing quality or decaying polymer or preservation of food or disinfecting medicinal
(a)

(p) (q) (q)

equipment); textile machinery; tissue grafting; or any other category of industrial undertaking as the Government may, by notification in the official Gazette, specify.
Physical Infrastructure Eligible for Tax holiday:

deep sea port; elevated expressway; export processing zone; flyover; gas pipe line, Hi-tech park; Information and Communication Technology (ICT) village or software technology zone; (h) Information Technology (IT) park; (i) large water treatment plant and supply through pipe line; (j) Liquefied Natural Gas (LNG) terminal and transmission line; (k) mono-rail; (l) rapid transit; (m) renewable energy (e.g energy saving bulb, solar energy plant, windmill); (n) sea or river port; (o) toll road or bridge; (p) underground rail; (q) waste treatment plant; or (r) any other category of physical infrastructure facility as the Government may, by notification in the official Gazette, specify.
(a)

(b) (c) (d) (e) (f) (g)

b) Income derived from any Small and Medium Enterprise (SME) engaged in production of any goods and having an annual turnover of not more than taka twenty four lakh is exempt from tax. c) Income from poultry is exempt from tax up to 30th June, 2013, subject to investing at least 10% of the exempted income in the purchase of bond or securities if such income exceeds Tk. 1,50,000/-. d) Income derived from export of handicrafts is exempted from tax up to 30th June, 2013. e) An amount equal to 50% of the income derived from export business is exempted from tax. f) Listed companies are entitled to 10% tax rebate if they declare dividend of more than20%. g) Income from Information Technology Enabled Services (ITES) business is exempted up to 30th June, 2013. h) Income of any private Agricultural College or private Agricultural University derived from agricultural educational activities. i) Income received as pension and gratuity. j) Income from dividend of a mutual fund or a unit fund up to taka 25000. k) Income from dividend amounting to Tk. 5000.

Avoidance of Double Taxation Agreement :

There are agreements on avoidance of double taxation between Bangladesh and 29 countries which are:(1) United Kingdom (2) Singapore (3) Sweden (4) Republic of Korea 5) Canada (6) Pakistan (7) Romania (8) Sri Lanka (9) France (10) Malaysia (11) Japan (12) India (13) Germany (14) The Netherlands (15) Italy (16) Denmark (17) China (18) Belgium (19) Thailand (20) Poland (21) Philippines (22) Vietnam (23) Turkey (24) Norway (25) USA (25) Indonesia (27) Switzerland (28) Mauritius (29) Kingdom of Saudi Arabia

List of the Commissioners/DGs (Income Tax Wing):

Sl. No (1) 1 Name of the office (2) Commissioner Taxes Zone-1, Dhaka Commissioner Taxes Zone-2, Dhaka Commissioner Taxes Zone-3, Dhaka Commissioner Taxes Zone-4, Dhaka Commissioner Taxes Zone-5, Dhaka Commissioner Taxes Zone-6, Dhaka Commissioner Taxes Zone-7, Dhaka Commissioner Taxes Zone-8, Dhaka Commissioner Taxes Zone-9, Dhaka Commissioner Taxes Zone-10, Dhaka Commissioner Taxes Zone-11, Dhaka Commissioner Taxes Zone-12, Name of the officer (3) Mr. Dr. Mahbubur Rahman Mr. Md. Sultan Mahmud Mr. Parvez Iqbal Phone No. (4) 8362944 8333855 (PA) 8312416 Fax No (5) E-mail (6) Mahbub.azad@live.com

8312402

pikbal@yahoo.com

Mr. Rustom Ali Mollah Mr. Chowdhury Amir Hossain Mr. Zia Uddin Mahmud Mr. Sanjit kumar Biswas Mr. Mir Mushtaque Ali Mr. Alamgir Hossain Mr. Liakat Ali Khan

9336788

alcmollact@yahoo.com

9346364

8316049

8350603

9340075

mmali@yahoo.com

7913771

Respl_1@yahoo.com

10

9331821

Alikhan_778@yahoo.com

11

Mr. Balal Uddin

9568087

Mdbelal06@yahoo.com

12

Mr. Nurul Alam

9561698

Mnalam27@yahoo.com

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

Dhaka Commissioner Taxes Zone-13, Dhaka Commissioner Taxes Zone-14, Dhaka Commissioner Taxes Zone-15, Dhaka Director General, Central Intelligence Cell (CIC) Commissioner Large Taxpayers Unit (LTU), Dhaka Director General, Tax Inspection, Dhaka Director General, Tax Training Academy Commissioner Central Survey Zone, Dhaka Commissioner Taxes Zone-1, Chittagong Commissioner Taxes Zone-2, Chittagong Commissioner Taxes Zone-3, Chittagong Commissioner Taxes Zone-4, Chittagong Commissioner Taxes ZoneRajshahi Commissioner Taxes ZoneKhulna Commissioner Taxes ZoneSylhet Commissioner Taxes Zone-

Mrs. Shaheen Akhter Mrs. Setara Begum

8319910

Taxzone13@yahoo.com

95137719

setaratax@yahoo.com

Mrs. Nahar Faerdousi begum Md. Abdur Razzak

9350522

Ntb-2008@yahoo.com

8311011

Mr. Ramendra Chandra Basak

8312472

ramendra@colbd.net

Mr. Kanon Kumur Roy Mr. Meftahuddin Khan Mr. Syed Md. Mahbubur Rahman Mr. Dabir Uddin

8359444

kanonroy@yahoo.com

9333520

Meftha85@gmail.com

7174224

s.mahbub@gmail.com

031-715190

Mr. Apurba Kanti Das Mr. Nazrul Islam

031-710840

Apurba1962@yahoo.com

031-725897

Nazrulnbr88@yahoo.com

Mr. Pradyut Kumar Sarker A. J. M. Ziaul Hoq

031-727775

0721812320 041-760669

Mr. Md. Golam Mostafa Md. Abdul Malek

0821716403 0521-61772

Mr. Animesh Roy

28

29

30

31

32

33

34

35

36

37

38

39

40

Rangpur Commissioner Taxes ZoneBarisal Commissioner Taxes ZoneNarayanganj Commissioner Taxes ZoneGajipur Commissioner Taxes ZoneComilla Commissioner Taxes ZoneMymensing Commissioner Taxes ZoneBogra Commissioner, Taxes Appeal Zone-1, Dhaka Commissioner, Taxes Appeal Zone-2, Dhaka Commissioner, Taxes Appeal Zone-3, Dhaka Commissioner, Taxes Appeal Zone-4, Dhaka Commissioner, Taxes Appeal Zone-Chittagong Commissioner, Taxes Appeal Zone-Khulna Commissioner, Taxes Appeal Zone-Rajshahi

Proshanta Kumar Roy Mrs. Atian Nahar

0431-72202

proshantar@yahoo.com

7646847

atiannahar@gmail.com

Mr. A. K. Borhanuddin Mr. Md. Mazibor Rahman Mr. Ranjan Kumar Bhowmik Mahbub Hossain

9261884

akborhanuddin@yahoo.com

081-72480

091-66124

ranjan0573@yah00.com

Mahbubnbr63@yahoo.com

Mr. Lokman Chowdhury Mrs. Rawshan Ara Akhter Mr. Serajul Islam

9337533

8333116

8361136

Dr.S. M. Jahangir Alam Mr. Md. Salim Afzal

8391447

031-714217

Salim.afzal@yahoo.com

Chimay Prasun Biswas Mr. M. A. Malek

041-760349

0721774800